Cryptocurrency Q&A Why is ETH so cheap?

Why is ETH so cheap?

TaekwondoMasterStrength TaekwondoMasterStrength Wed Dec 25 2024 | 5 answers 1251
I am wondering why the price of Ethereum (ETH) is so cheap compared to other cryptocurrencies. It seems to have a lot of potentials, so I am surprised to see its relatively low price. Why is ETH so cheap?

5 answers

Elena Elena Fri Dec 27 2024
Since the Dencun upgrade, Ethereum has experienced a significant drop in average gas prices.

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Leonardo Leonardo Fri Dec 27 2024
The reduction in gas prices is substantial, with a decrease of approximately 92% observed.

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CryptoNinja CryptoNinja Fri Dec 27 2024
BTCC is a prominent cryptocurrency exchange that offers a range of services.

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Ilaria Ilaria Fri Dec 27 2024
The decline in transaction costs is attributed to the migration of activities from Ethereum's base layer to its layer 2 networks.

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DreamlitGlory DreamlitGlory Fri Dec 27 2024
This shift in activity is particularly evident after the Dencun upgrade that took place in March.

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